Business description

The company is a highly reputable supplier specialising in the provision of Calor Gas, camping equipment, gas-related appliances and other various industrial goods.

Operating from a state-of-the-art showroom and storage facility, the business is recognised as a leading nationwide distributor and has established a strong reputation for its comprehensive product offering and innovative project solutions.

Throughout its trading history, the business has developed an influential presence in the industry, building a loyal client base and attracting prominent companies and projects in the North East.

The shareholders are now offering the business for sale to facilitate retirement.

Offers invited.

Highlights

A well-established company in operation for over 30 years.

Renowned for the quality of its stock and the extensive range of its products.

Strong potential to expand further across the UK due to prominence of brand and local reputation.

Maintains partnerships with some of the most prominent manufacturers in the industry.

Huge online presence with three modern websites and an easy-to-navigate e-commerce facility.

Frequent levels of repeat business, with several of its clients working with the company for over 15 years.

Strategically located premises holding a market value of circa £150k, to be included in the sale on a freehold basis.

Financials

Turnover (£'000)

Adjusted EBITDA (£'000)

2016 (Actual)

969

111

2017 (Actual)

946

70

2018 (Actual)

975

135

2019 (Actual)

987

123

FY19 turnover circa £987k.

Achieved FY19 adjusted EBITDA of £123k.

Strong balance sheet with shareholders’ funds surpassing £260k.

Further information

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